Wednesday, April 24

Coming Soon to an ATM Near You? No Card Required

ATM skimming continues to be problem for financial institutions. Skimming is the stealing of account data from ATM, debit, and credit cards usually by inserting a device in the card slot on ATMs, self-service gas pumps, and other card readers. PINs can also be stolen by hidden cameras. Some estimates place the loss to the global banking industry at around $2 billion in 2015.

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Buying a Car When You Have Bad Credit

You need a new vehicle, but your credit is spotty or bad. Can you afford to buy a reliable car or truck? Can you get a loan at reasonable rates? Can you avoid the high interest rates and pressure of subprime lenders? Yes, most people in this situation can find a decent vehicle and a loan that doesn't break the bank, but you'll have to be realistic and do the right homework. This report shows you the steps.

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Renting a Car Soon? Read This First

Has this ever happened to you? You reserved a car at a great rate but discovered that the rate didn't include the mandatory charges and fees when you picked the car up. These tips will help you avoid such surprises and pitfalls and help you save on your next car rental.

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It's Time to Check Your Social Security Statement Online

Checking your Social Security Statement annually is something all working adults should do, according to the Social Security Administration. An annual check allows you to check the accuracy of your earnings as recorded for the previous year and to correct any mistakes. Each statement also estimates the monthly Social Security payment you can expect in retirement based upon your current average earnings and planned retirement age. The various estimates can help in your retirement planning. So it makes sense to start checking your annual Social Security statement early in your working career, rather than waiting until you near retirement. If you don't regularly check your Social Security Statement, now is a good time to start!

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Native Advertising: A Radical Shift in Advertising That Targets You

"Native Advertising"—disguising a one-sided sales pitch to look like valuable information—has been around for decades.

Though advertisers may deny it, the hidden purpose of native advertising has always been pretty clear to FoolProof and many other consumer advocates: to trick you into accepting potentially faulty information as truthful information.

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It's Tax Season – Watch Out For Scams!

Tax-related scams are around all year, but they seem to occur more frequently during the months leading up to April 15th. This year is no exception. Tax-related scams try to steal personal and financial information or money. Some scams try to get tax payers to commit fraud. In this news brief, we describe some of the most prevalent.

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Have You Checked Your Privacy Settings Recently?

Are you concerned about protecting your privacy online? If so, when was the last time you checked the privacy settings for each app, website, and device that you use? Using the privacy and security settings can help protect your personal and financial information and reduce online tracking.

While this may seem like an overwhelming task, making a plan can simplify it. Here are some steps you can take:

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Q&A: Social Security Question

Dear Liz: I am 63 and retired but have not started to collect my Social Security. My husband will be 67 in March. He started his Social Security at 62. Our plan is to wait until I am 70 to start my benefit, which would make my monthly amount significantly larger than his. If I predecease my husband, would he be able to collect my benefit instead of his own? If I started benefits now, our checks would be relatively close in size, although mine would be a bit higher than his current amount.

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Are You Ready for "Native Advertising"?

When conducting web searches, do you know how to tell the difference between search results that give you really helpful information and advertisements that may give you nothing useful at all (or try to sell you things)?

If you do, you're doing a lot better than most kids aged 12-15.

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Why Do Scams Continue to Work?

Scams have been around for generations. Stealing other people's money has always been their goal. To do that, scams are continually evolving and scammers constantly come up with new ways to "deceive and thieve." Even though each new variety of scam brings results in widely publicized warnings and descriptions, why do people still fall for them? Scammers are master manipulators and know how to use several basic strategies to trigger your emotions and trick you into a quick action. No matter the scam, knowing these basic strategies can help you do a better job of recognizing any scam, whether it arrives by email, text, phone, snail mail or in person.

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Filing Taxes Online for Free-What You Need to Know

A new year brings all sorts of ads saying the advertised service will enable you to file your income taxes online for free. Before you head to a particular site, remember these two things:

  1. All taxpayers don't qualify for all free tax-filing programs or services.
  2. Different programs and companies offer different services and have different criteria and limitations.

This brief summary will help you compare the free-tax filing opportunities available. You decide which best fits your needs.

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FoolProof Top 10 Scams: Beware of the Red-Lipped Batfish Trick!

You're pretty "foolproof," right? You don't fall for those obvious scams that make you look and feel like a fool, do you?

When you look at FoolProof's "Top 10" list of scams, some of them seem too irrational for anyone to fall for, but they do. These scams are on our list because young people often fall victim to them, no matter how silly or irrational they seem.

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Make the Most of Your Financial Resolutions for 2016

What are your financial resolutions for 2016? Most people want to save more, spend less, and pay down debt, according to a recent survey from Fidelity. These are great financial goals, but making them a reality is not so easy. Why? First, the goals are vague–without a plan that has specific action steps, the goals will remain just nice ideas. Second, achieving the goal of saving more requires most people to spend less and reduce debt. So an effective plan must address all three goals in concrete ways. Here are some tips to help you get started.

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What You Need to Know About Recent Social Security Changes

In late October as part of the budget bill, three social security options for claiming benefits were eliminated. These options are file and suspend, restricted applications, and retroactive lump sum payments. The elimination of these options do not affect how Social Security benefits are calculated.

Read on...

Subcategories

  • Will deHoo
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    113
  • Drew Guthrie
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    86
  • Remar Sutton
    Article Count:
    136
    • Financial Well-being


      Want to improve your credit score? Want to cut your tax bills?  Like to tear up hundred dollar bills? (You're probably doing that). How about this:  want to wake up retired and without money?  Your Financial Well-being rules your life.  We put you in charge of the rules.

       

      Article Count:
      33
    • Privacy Rights

      Every worry about identity theft?  Worry about young people and the dangers of the web? Mind if I read your private emails?  Or browse through your medical records? This section takes you into the scary world of privacy, fraud and identity theft.  FoolProof gives you the information you need when it comes to identity theft and privacy issues.   

      Article Count:
      16
  • Financial
    jnf
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    1
  • Ask Liz Weston
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    1
  • Tonya Rapley
    Article Count:
    11